Tag Archives: CWU

No shortage of “pension engagement” at Royal Mail.

Posted on January 28, 2018 by henry tapper

Pension people want positive engagement, but when they get it, they ignore it or deride it. On Friday, the CWU announced that an agreement had been reached between CWU and Royal Mail which will now be put to the membership. … Continue reading →

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Terry Pullinger on progress towards a Royal Mail CDC scheme

Posted on January 15, 2018 by henry tapper

  This video talks of the intent of the CWU to reach an agreement with Royal Mail.   “I believe we are on the verge of something very very special”

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A pension settlement needs general agreement.

Posted on December 11, 2017 by henry tapper

I spent most of this cold dark weekend putting together a submission to the FCA on what we know is happening to millions of pounds of money that has been disinvested from the British Steel Pension Scheme and reinvested through … Continue reading →

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Pension = Wage for life

Posted on July 17, 2017 by henry tapper

Sloppy journalism confusing readers. A quick scan of the Daily Telegraph’s Money Pages leaves me hopeless at its hapless reporting of pensions. Somebody should sit down with the whole personal finance team and read them the riot act. Take Mike … Continue reading →

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A wage in retirement or freedom from pensions?

Posted on July 15, 2017 by henry tapper

Yesterday I wrote about one aspect of the dispute between Royal Mail and its workers – the difference in opinion between the two sides on how postal workers are financially supported in retirement. It appears very simple; Royal Mail want to … Continue reading →

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Pension Risk Sharing – they’re all at it but us!

Posted on June 3, 2017 by henry tapper

Japanese CDC is coming @JohnRalfe1 @markjrowlinson @WillJAitken @henryhtapper https://t.co/e9D2UClhBR — Sam Pickford (@pickfos) June 2, 2017 Oh dear! News that the Japanese have gone all defined ambition did not go down well. Infact it went down like Japanese Knotweed at … Continue reading →

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Royal Mail’s pension; kick out the experts

Posted on May 2, 2017 by henry tapper

A wage in retirement – not a dump of cash At the back end of last week,  Royal Mail rejected the CWU’s proposal to establish a new defined benefit scheme designed to keep posties accruing a pension based on career … Continue reading →

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A time to be angry

Posted on April 14, 2017 by henry tapper

  I got angry yesterday… I was on a conference call with a couple of lawyers arguing about the technical difference between a “duty of care” and the need to “act in good faith”. Apparently the semantics let an employer … Continue reading →

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The CWU pension proposals – your questions answered.

Posted on March 17, 2017 by henry tapper

Yesterday’s article got a lot of interest and a number of people have asked for the technical details behind the CWU’s headlines; but first the headlines! All 130,000 Royal Mail staff could have access to DB accrual going forward Members … Continue reading →

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Pensions Resurgent! The merit of the CWU’s proposals to the Royal Mail

Posted on March 16, 2017 by henry tapper

For the third day I am returning to the CWU’s proposals to the Royal Mail which I now consider the most important break through in pension scheme design we have seen in Britain this century. I base this on three … Continue reading →

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